Recently, the Solana derivation market has seen remarkable developments. The value of open contracts for Solana futures on the CME (Chicago Mercantile Exchange) has reached 993 million USD, setting a new historical high. This figure far exceeds the 800 million USD peak reached last July after the launch of the first US Solana staking ETF.



This phenomenon indicates that Solana's appeal among institutional investors is continuously increasing. The significant growth of open contracts may suggest that institutions are becoming more interested in Solana, which could have a substantial impact on Solana's market performance.

However, with the warming of the derivation market, investors should also be aware that Solana may face greater price fluctuations in the short term. This increase in volatility can bring both opportunities and risks.

Overall, the development trend of the Solana derivation market is worth close attention. It not only reflects the current market's view on Solana but may also indicate the future direction of the Solana ecosystem. For investors and market participants, understanding the implications of this trend will be crucial.
SOL-4.72%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
BTCBeliefStationvip
· 9h ago
SOL is about to To da moon
View OriginalReply0
MetaverseMigrantvip
· 9h ago
Optimistic about the future market of SOL
View OriginalReply0
OldLeekMastervip
· 9h ago
The bull run is coming.
View OriginalReply0
MetaNomadvip
· 9h ago
Solana ecosystem To da moon
View OriginalReply0
fren.ethvip
· 9h ago
SOL can only pump
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)